Hudson Square Research Defends Apple (AAPL) Amid Negative Commentary
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Rating Summary:
39 Buy, 25 Hold, 7 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 10 | Down: 8 | New: 8
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Hudson Square Research analyst Daniel Ernst has taken to Twitter to defend Apple (NASDAQ: AAPL) amid reports iPhone production will be down in Q1.
Ernst notes that the quarter after an iPhone launch is almost always the peak for that model. He said it is very misleading to say next quarter will be down.
Ernst was responding to negative commentary from Pacific Crest and Deutsche Bank.
$AAPL the Q after an iPhone launch almost always the peak for that model - very misleading to say nxt Q will be down pic.twitter.com/xHTTXxjpJo
— Daniel Ernst (@danielhsqr) December 2, 2014
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